Optimize your cash control with the robust spend management solution

Ensure complete budget transparency and stay fully informed of each transaction. Empower your team with an easy-to-use solution for managing requests and approvals. Say goodbye to duplicate payments, stressful month-end close, and cash flow shortages.

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7% average budget savings per year
2.5x faster approval process
90% fewer duplicated payments
98% spend under management
Designed to scale

Why Precoro?

  • Collaborative solution

    Enable seamless order placement and tracking for your entire company while giving executives control over purchases from the get-go.

  • Complete transparency

    Gain spending insights with interactive dashboards and detailed reports. Keep the finance team updated with real-time transaction details.

  • Positive ROI

    See the results of your investment in the first 6 months. Cut down on internal communication time by 80% with spend management automation.

  • Ease of use

    Onboard your team in Precoro within just 2 weeks with the help of our CSM. Get procurement advisory and 24/5 support from our experts.

98% customer satisfaction

Precoro is used by leading companies from all over the world

Biotech
  • Ridgeline
Technology
Manufacturing
Construction
Healthcare
Non-Profit

Take full control of your company's spending

Ensure timely month-end closures with real-time updates on budgets and transactions. Set spending limits for projects, locations, and departments so that you never run out of money faster than expected. Receive immediate notifications when a purchase exceeds the budget to prevent overspending.

 Take full control of your company's spending

Speed up approval workflows for the whole company

Streamline request processing for team leads, providing them with timely information for informed decision-making and spend tracking before payment. Enhance the approval process by receiving notifications through Slack or email, ensuring requests are expedited and approved promptly.

Speed up approval workflows for the whole company

Simplify purchasing operations for your employees

Empower your team with an all-in-one spend management solution that streamlines purchasing from start to finish. With just a few clicks, your team can generate purchase orders and effortlessly monitor their progress. Elevate employee satisfaction by enabling them to receive their requested items 3x faster.

Simplify purchasing operations for your employees

Save 90% of the finance team's time with AP automation

Minimize errors and your finance team's workload by providing them with a comprehensive tool for invoice handling. Eliminate duplicate payments and maverick spending with Precoro's 2-and 3-way matching. Save up to 65% of invoice processing costs due to spend management automation.

Save 90% of the finance team's time with AP automation

Transform your spend insights with enhanced reporting

Don't waste time chasing financial data. Enhance your decision-making and forecasting accuracy with our comprehensive reporting tools. Leverage over 20 filters and 120 custom fields to create tailored reports, and utilize interactive dashboards to deliver timely and insightful financial information to stakeholders.

Transform your spend insights with enhanced reporting

Improve and simplify supplier management

Send personalized registration forms to potential suppliers and set up a customizable process for approving new vendors. Store and manage suppliers' catalogs. With Precoro's historical purchase insights, you can negotiate better contracts and achieve yearly savings of up to 7% on commonly purchased goods and services.

Improve and simplify supplier management
Customer experience

Results that speak louder: Finance leaders worldwide share their success stories

Key achievements:

  • Easier budget planning
  • Streamlined reporting
  • On-time approvals

Precoro is utilized for:

  • 3-way matching
  • Approval workflows
  • Reports
1 of 4

Optimize spend management and drive growth with Precoro's powerful feature set

AP automation with OCR

Attach documents to generate pre-filled invoices.

2-way and 3-way matching

Match POs, invoices, and receipts anytime.

Budget control

Track expenditures and never spend more than planned.

Supplier management

Onboard suppliers, store their catalogs, and manage contracts.

Approval workflow

Assign approval roles, rules, and thresholds for colleagues.

Expenses

Monitor corporate expenses and hasten billing cycles.

Reporting

Create real-time reports with 20 filters and 120+ custom fields.

Integrations

Sync data between your favorite business tools.

Trusted by finance leaders: See what CFOs have to say about Precoro

FAQ

All your questions answered

How much does Precoro cost? Are there any hidden fees or additional costs associated with using the product? See more Hide
  • At Precoro, we believe in flexibility and transparency when it comes to pricing. That's why we offer a range of options to suit different budgets and business needs, all without any hidden fees. Our pricing plans provide full access to the platform, including all features and new updates as they're released. For small teams, the price is $39/month per user. If you have a team with more than 20 users, contact our consultants to discuss a tailored pricing plan that fits your unique requirements.
How long does it take to set up Precoro? See more Hide
  • We understand that time is a valuable resource and have designed the implementation process to be as efficient as possible. With our intuitive system, learning and using Precoro is a seamless process. Due to these reasons, establishing Precoro in your workflow takes as little as one to two months. Our team of experts will work closely with you to ensure employees are completely on board as soon as possible.
When will we see a return on investment? See more Hide
  • It can vary depending on your organization's procurement needs and workflows. However, our customers typically see a positive ROI within the first three months of implementation. By automating the business spend management process, Precoro reduces the time and resources typically spent on manual operations, resulting in cost savings and increased efficiency.
What kind of training and support is provided while Precoro implementation? See more Hide
  • Precoro provides comprehensive training and support to help your team learn and use our product effectively. We offer a range of training options, including online tutorials, videos, live demos, and one-on-one training sessions. Our Customer Success team is available 24/5 to answer any questions and provide technical support.
What are the security and compliance measures in place to protect sensitive financial information? See more Hide
  • Data security and regulatory compliance are our top priorities. We use DigitalOcean servers to run the platform, with 99.9999% uptime and SSL-secured connection. All customer data is encrypted with AES 256-bit encryption to protect sensitive financial information. Furthermore, our spend management platform is compliant with GDPR, and we also offer SSO integration so you can ensure a smooth and safe single sign-on experience for your team.

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